February 10, 2011
WASHINGTON, D.C. – Senator Portman (R-OH) voiced his disappointment after the House of Representatives pulled crucial legislation extending the Trade Adjustment Assistance (TAA).
“Ohio’s workers are second to none and when individuals lose a job, we need to do all that we can to help get them back on their feet. This legislation acts as a safety net for thousands of Ohio workers and it is vital that it is addressed in a timely manner so that hard working Ohioans and their families are helped at a time when they need it the most,” said Portman, who noted that over 30,000 Ohioans rely on the type of funding that is expected to expire on Saturday.
The legislation would have extended, through June of 2011, the Andean Trade Preferences Act and Trade Adjustment Assistance, which are both set to expire on Saturday, February 12, 2011.
“I remain committed to these workers and doing all that I can in order to ensure that they receive the benefits they need during tough economic times.”
Senators Portman and Wicker (R-MS) sent a letter to Senate leadership last week requesting assistance in extending the Health Coverage Tax Credit (HCTC), a part of TAA. Nearly 4,000 individuals in Ohio rely on HCTC to gain access to affordable health care during difficult times. Many of Ohioans affected by HCTC are individuals between 55-64 years old whose pension plans were taken over by the Pension Benefit Guarantee Corporation (PBGC).